Cartier Iron Recommences Drilling and Provides Update on Exploration Program on the Low Sulphidation Gold-Silver Epithermal System at Big Easy, Newfoundland

CFE.CNX, Cartier Iron, gold, Newfoundland

Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”) is pleased to provide an update on its diamond drilling program at its wholly-owned Big Easy property, located near Clarenville, in eastern Newfoundland. As previously announced (see press releases September 21, 2021 and November 15, 2021) the 10,000m diamond drill program will test significant resistivity anomalies along a major north-northeast trending structural break outlined by the Controlled Source Audio Magneto-Telluric (“CSAMT”) survey in the Central Anomaly – Big Easy Showing Area. Drilling is being done by the Logan Drilling Group. read more

Cartier Iron Provides Update on Diamond Drilling Program on the Low Sulphidation Gold-Silver Epithermal System at Big Easy, Newfoundland

Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”) is pleased to provide an update on its diamond drilling program at its wholly owned Big Easy property located near Clarenville in eastern Newfoundland. As previously announced (see press release September 21, 2021) the 10,000m drill program will test significant resistivity anomalies along a major north-northeast trending structural break outlined by the Controlled Source Audio Magneto-Telluric (“CSAMT”) survey in the Central Anomaly – Big Easy Showing Area. read more

CSAMT Survey Confirms Low Sulphidation Gold-Silver Mineralizing System at Big Easy, Newfoundland Occurs on a Major Structure That Extends to a Depth of at Least 1 Kilometre

Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”) is pleased to announce the results of its Controlled Source Audio Magneto-Telluric (“CSAMT”) in the Central Anomaly – Big Easy Showing Area on its 100% owned Big Easy Gold-Silver Project near Clarenville in eastern Newfoundland. read more

Cartier Iron to Commence Diamond Drilling to Test Geophysical Targets for Low Sulphidation Epithermal Gold-Silver Mineralization Along Major Structures at the Big Easy Gold Project, Newfoundland

  • 2,000m diamond drilling program to commence by the end of January to test new IP targets and Central Anomaly on major magnetic trends
  • 54.5 line-kilometres of additional IP surveys to be completed on major target area in southern part of claims

TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE) — Cartier Iron Corporation (CSE: CFE(“Cartier Iron”), is pleased to announce the start of a 2,000m, 7-hole diamond drill program at the Big Easy Gold Project in Newfoundland to test new Induced Polarization (IP) targets (see press release December 2, 2020) and follow-up drilling on the Central Anomaly where drilling in 2018 intersected a wide alteration zone which returned 0.11gAu/t and 2.65gAg/t over 180.4m (see press release December 18, 2018). Table 1 gives a list of proposed hole locations. An additional 54.5 line-kilometres of IP surveys will also be carried out to follow-up a major new target area outlined in the southern part of the property. read more

Cartier Iron Extends Major Epithermal Gold-Silver Target Zone to 20Km+ Strike Length at Big Easy Gold Project, Newfoundland

Figure 1

Cartier Iron Corporation (CSE: CFE) (“Cartier Iron”), is pleased to report on results of a geological mapping, soil sampling and prospecting program completed during July, 2020, at its Big Easy Gold project (see press release July 8, 2020), located on the Burin Peninsula in eastern Newfoundland. The program focused on follow-up of major target areas outlined by magnetic and induced polarization/resistivity (IP/Res) surveys as well as exploration of the potential southern extension of these chargeability zones which have had only limited previous work. read more

Cartier Iron Completes Financing; Big Easy Property Drilling to Commence Next Week

Cartier Iron Corporation (CSE: CFE) (“Cartier Iron”) is pleased to announce that it has completed a previously announced non-brokered private placement (the “Private Placement”) of 2,000,000 flow-through units of Cartier Iron at a price of $0.10 per unit (“F-T Units”) for proceeds of $200,000 and 5,000,000 non-flow-through units of Cartier Iron at a price of $0.08 per unit (“Units”) for additional proceeds of $400,000. read more

Cartier Announces Commencement of Diamond Drilling Program at the Big Easy Gold Property, Newfoundland

Cartier Iron Corporation (CSE: CFE) (“Cartier Iron” or the “Company”), is pleased to announce that the Company has retained New Valley Drilling to complete up to 2,000 metres of diamond drilling to test major targets on its Big Easy Gold property, located approximately 20 km northwest of the town of Clarenville, about 200km northwest of St. John’s, Newfoundland (Figure 1).  Big Easy hosts an extensive, but little explored, low sulphidation epithermal gold system that occurs on a prominent boundary between volcanic and sedimentary rocks in the Neoproterozoic Avalon Zone.  The Induced Polarization/Resitivity (IP/Res) survey completed in winter 2018 outlined a four kilometre long chargeability anomaly extending from the Big Easy to the ET showings. This anomaly is open along strike to the north and south (see press release May 1, 2018 and Figure 2). read more

Cartier Iron Signs Letter Agreement to Acquire a 100% Interest in the Big Easy Property, Newfoundland

Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”), is pleased to announce that it has signed a Letter Agreement to earn a 100% interest (“Acquisition”) in the Big Easy Property (“Property”), consisting of 1 Mineral Rights Licence, which includes 278 mining claims covering 69.5 km2, all located in the province of Newfoundland and Labrador. The Property is readily accessible from the Trans-Canada Highway and local roads.  The north end of the Property is located approximately 20 kilometres northwest of the town of Clarenville with St. John’s approximately 220 km southeast of the Property. read more